I believe that for a cryptocurrency or alternate payment system to be successful, and to really achieve what the true aim of cryptocurrency is - decentralization not issued by any central authority, immune to government interference or manipulation. A currency for the people, by the people, and governed by the people - not by some bigwig, money grubbing, "we make the rules" authority
So lets see here... neucoin team is keeping 2 billion coins to themselves while selling 100 million to the public (for about $900,000)...Can you explain again how is this coin is not "issued by a bigwig money grubing authority" ? What am I missing?